Comprehensive Annual Financial Report for the ... - WMATA.com

Washington Metropolitan Area Transit AuthorityFY 2009 Comprehensive Annual Financial ReportStatement of Cash FlowsFor the Years Ended June 30, 2009 and 2008(in thousands)2009 2008CASH FLOW FROM OPERATING ACTIVITIESCash received from operations $ 751,202 $ 655,763Cash paid to suppliers (407,012) (370,539)Cash paid to employees (977,163) (894,580)Cash paid for operating claims (1,514) (9,185)Net cash used in operating activities (634,487) (618,541 )CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIESCash received from jurisdictional subsidies 595,098 623,299Net cash provided by noncapital financing activities 595,098 623,299CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIESConstruction of capital assets (340,022) (431,952)Capital contributions 553,798 233,953Interest paid on bonds and other debt (9,687) (10,082)Principal paid on bonds, commercial paper and other debt (4,670,581 ) (1,186,825)Proceeds from commercial paper and other debt 4,584,115 1,316,800Interest subsidy for revenue bonds 7,245 7,654Net cash provided by (used in) capital and related financing activities 124,868 (70,452)CASH FLOWS FROM INVESTING ACTIVITIESProceeds from sale and maturities of investments 15,891,411 13,565,457Purchases of investments (15,821,697) (13,516,095)Interest received from operational investments 21,615 20,426Net cash provided by investing activities 91,329 69,788Net change in cash and deposits 176,808 4,094Cash and deposits, beginning of year 13,670 9,576Cash and deposits, end of year $ 190,478 $ 13,670The accompanying notes are an integral part of these basic financial statements.24